Supply Chain Best Practices: Concept, Application & Risk Management

Supply Chain: A to Z of Best Practices

Why Choose this Training Course?

This highly informative AZTech training course in Dubai will explore key concepts and solutions that can be employed to optimize the balance between supply chain responsiveness and the costs required to deliver desired business results. Supply chain professionals continue to be pressured to deliver superior operational results while at the same time reducing costs. They need to be able to ensure their organisations become industry pace setters, by better managing their supply chains to achieve reduced costs, whilst at the same time, improving service levels.

Nonetheless, reducing supply chain costs is an effort that can be fraught with risk and global trade has brought about proportionally high levels of risk and uncertainty. Risk is found in all supply chains, but with analysis, preparation and action, these risks can be avoided, managed or deflected.

This AZTech training course will feature:

Apply a thorough understanding of supply chain activities

Managing and optimizing your inventory to deliver financial results

Identity, analyse and evaluate supply chain risk

Use risk management tools and techniques

Make supply chain organisational improvements

What are the Goals?

By the end of this AZTech training course, participants will be able to:

Analyze the effectiveness of your firm’s supply chain practices

Create an inventory strategy that speeds cash flow

Evaluate and work with suppliers to deliver tangible business results

Use analytical tools to identify supply chain risk

Make cost and service improvements

Who is this Training Course for?

This exciting and innovative training course is suitable for those in the organisation, and not just in the supply chain, who have a responsibility to make improvements and save costs across the functions.

This AZTech training course is suitable for a wide range of professionals but will greatly benefit:

Supply chain professionals

Sourcing, procurement, and supplier management professionals

Production and manufacturing professionals

All of those who need an understanding of supply chain concepts that can deliver lasting value for their business

All of those who need an understanding of the relationships between risk, cost and service in supply chains

How will this Training Course be Presented?

This AZTech training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes discussion and lectures leveraging years of hands-on supply chain and experience across industries and many countries across the world. The trainer will use real-world challenges and solutions, exercises and case studies and an extensive course manual.

The Course Content

Day One: Understanding the Supply Chain

Supply Chain Definitions

Supply Chain Models and Types

Types of process frameworks

Defining performance gaps

Customers, competitive advantage and demand

The Global Supply Chain

Day Two: Unlocking your Cash: Inventory Management and Optimization

Types of inventory

Applying procurement strategies that maximize inventory turns

Speeding the cash-to-cash cycle time

The financial justification for change

Supplier relationship management: strategies, approaches and tools

Day Three: A New Paradigm for Outsourcing

Is your relationship transactional or outcome-based?

Defining desired outcomes that are measurable

Developing an effective outsourcing contract

Designing a pricing model that incentivizes desired behaviours

Evaluating cost/service trade-offs

Day Four: Identifying Supply Chain Instabilities and Risks

Internal supply chain risks

PESTLE and external risks

Risk management principles

Evaluation and prioritisation of risks

Contingency and risk management planning.

Day Five: Rethinking the Supply Chain and Improving your Results

Rationale and approach to performance management

Identifying, defining, and tracking your metrics

Incentives and continuous improvement

Re-engineering supply chains end to end to minimise risk

Organisation development

The Certificate

AZTech Certificate of Completion for delegates who attend and complete the training course

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

Supply Chain Best Practices: Concept, Application & Risk ManagementSupply Chain: A to Z of Best Practices

Upcoming Dates

01 - 05 Sep 2019 in Dubai - UAE,$4,950

08 - 12 Mar 2020 in Dubai - UAE,$4,950

Program Overview

Why Choose this Training Course?

This highly informative AZTech training course in Dubai will explore key concepts and solutions that can be employed to optimize the balance between supply chain responsiveness and the costs required to deliver desired business results. Supply chain professionals continue to be pressured to deliver superior operational results while at the same time reducing costs. They need to be able to ensure their organisations become industry pace setters, by better managing their supply chains to achieve reduced costs, whilst at the same time, improving service levels.

Nonetheless, reducing supply chain costs is an effort that can be fraught with risk and global trade has brought about proportionally high levels of risk and uncertainty. Risk is found in all supply chains, but with analysis, preparation and action, these risks can be avoided, managed or deflected.

This AZTech training course will feature:

Apply a thorough understanding of supply chain activities

Managing and optimizing your inventory to deliver financial results

Identity, analyse and evaluate supply chain risk

Use risk management tools and techniques

Make supply chain organisational improvements

What are the Goals?

By the end of this AZTech training course, participants will be able to:

Analyze the effectiveness of your firm’s supply chain practices

Create an inventory strategy that speeds cash flow

Evaluate and work with suppliers to deliver tangible business results

Use analytical tools to identify supply chain risk

Make cost and service improvements

Who is this Training Course for?

This exciting and innovative training course is suitable for those in the organisation, and not just in the supply chain, who have a responsibility to make improvements and save costs across the functions.

This AZTech training course is suitable for a wide range of professionals but will greatly benefit:

Supply chain professionals

Sourcing, procurement, and supplier management professionals

Production and manufacturing professionals

All of those who need an understanding of supply chain concepts that can deliver lasting value for their business

All of those who need an understanding of the relationships between risk, cost and service in supply chains

How will this Training Course be Presented?

This AZTech training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes discussion and lectures leveraging years of hands-on supply chain and experience across industries and many countries across the world. The trainer will use real-world challenges and solutions, exercises and case studies and an extensive course manual.

Program Content

Day One: Understanding the Supply Chain

Supply Chain Definitions

Supply Chain Models and Types

Types of process frameworks

Defining performance gaps

Customers, competitive advantage and demand

The Global Supply Chain

Day Two: Unlocking your Cash: Inventory Management and Optimization

Types of inventory

Applying procurement strategies that maximize inventory turns

Speeding the cash-to-cash cycle time

The financial justification for change

Supplier relationship management: strategies, approaches and tools

Day Three: A New Paradigm for Outsourcing

Is your relationship transactional or outcome-based?

Defining desired outcomes that are measurable

Developing an effective outsourcing contract

Designing a pricing model that incentivizes desired behaviours

Evaluating cost/service trade-offs

Day Four: Identifying Supply Chain Instabilities and Risks

Internal supply chain risks

PESTLE and external risks

Risk management principles

Evaluation and prioritisation of risks

Contingency and risk management planning.

Day Five: Rethinking the Supply Chain and Improving your Results

Rationale and approach to performance management

Identifying, defining, and tracking your metrics

Incentives and continuous improvement

Re-engineering supply chains end to end to minimise risk

Organisation development

Certificates

AZTech Certificate of Completion for delegates who attend and complete the training course